Benefits to Business

Why is the EITC important to businesses?

• The EITC helps supplement employee wages at no cost to employers.

• The EITC rewards work and stabilizes the workforce.

• Approximately 2/3 of EITC recipients spend a bulk of their refunds in their communities and on immediate and short-term expenses, thus generating new economic activity for local economies.

Ways your business can support the EITC:

• Insert an EITC information into bills or other notices mailed to customers.

• Talk to your employees about the EITC.

• Include EITC information with paychecks.

• Put up EITC posters in your store, shop, lunch room and bulletin boards.

• Volunteer to be a tax preparer.

• Incorporate information about the EITC program into new hire trainings and orientation sessions. A power point can be downloaded for this purpose.